Company Analysis

XTI Aerospace, Inc. (XTIA)

Nasdaq: XTIA · Services-Computer Programming Services · Englewood, CO · filing with the SEC since 2011
Grade3.8
◀ Past 1.1● Present 2.4▶ Future 6.7
1 est.

The grade of XTI Aerospace, Inc.

Nine metrics read from its own filings, by tense
Headline grade
3.8/10
◀ Past1.125% of the headline
● Present2.435% of the headline
▶ Future6.740% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

Of the nine metrics, 8 read as filed from the record and 1 is an SI estimate, each with its reasoning, its confidence and what would change it on its card.

◀ Past

What did they actually do?

1.1/1025% of the headline grade · 2 of 3 filed, 1 estimated

Surviving crises

as filed
0.6/10

Has it survived what it has been through?

31 warning events since 2017; the latest 2026-10-16.

weight 22% of this tense · 6th percentile among 34 sector filers · read for itself

From the record

XTI Aerospace, Inc.'s filings since 2017 show 31 warning events of 4 kinds: a debt default or acceleration notice (8-K item 2.04, 2 times, the latest 2026-10-16); a notice about its exchange listing (8-K item 3.01, 12 times, the latest 2026-09-01); an auditor change (8-K item 4.01, 3 times, the latest 2026-06-26); a late-report notice (Form NT 10-K or NT 10-Q, 14 times, the latest 2026-08-17) (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
1.7/10

What has it actually done, year after year?

-10.3% a year over 10 filed years; profitable in 0 of 10.

weight 45% of this tense · 17th percentile among 33 sector filers · read for its customers

From the record

XTI Aerospace, Inc.'s 10 filed years say what it did: revenue went from $67 million in fiscal 2015 to $22 million in fiscal 2025, down 10.3% a year; it rose in 5 of 9 years; the deepest fall was 95% from fiscal 2015 to fiscal 2024; net income was positive in 0 of 10 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span-10.3%bottom 11% of its family
  • the share of years revenue rosebottom 30% of its family
  • the share of filed years with a profitbottom 15% of its family
  • the deepest fall from a revenue peak95.2%bottom 11% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

SI estimate
0.8/10

How has it treated the people who own it?

SI estimate 0.8/10, confidence 35 of 100 (one part).

weight 33% of this tense · 8th percentile among 32 sector filers · read for its shareholders

SI estimate Inferred, not read as filed

Why it is an estimate
Read from one part only, the share count over the years, which ranks in the bottom 8% of 32 in its family; fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income.
What the record cannot read
Fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income.
How it was reasoned
one part: the share count over the years, the one part on file, ranked among 32 in its family.
Confidence
35 of 100
What would change it
A filing that carries the missing parts replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: XTI Aerospace, Inc.'s shareholder treatment is put at 0.8 of 10 with a confidence of 35 of 100, because read from one part only, the share count over the years, which ranks in the bottom 8% of 32 in its family; fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income. A filing that carries the missing parts replaces this estimate with the filed reading.

● Present

What are they doing right now?

2.4/1035% of the headline grade · 3 of 3 filed

Financial health

as filed
1.8/10

Is it financially healthy right now?

ROE -248%: lost 248¢ per shareholder dollar. Leverage 66%: owes 66¢ per asset dollar.

weight 45% of this tense · 18th percentile among 31 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-12-31, XTI Aerospace, Inc. lost about 248 cents for every dollar of shareholders' money, and gross profitability: its products earned about 6 cents per dollar of everything the company owns. Leverage: it owed about 66 cents per dollar of assets, and net share issuance: its share count grew 7091.1% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetsbottom 20% of its family
  • return on equitybottom 12% of its family
  • gross profit against assetsbottom 35% of its family
  • the share count against the year beforebottom 5% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
4.3/10

How strong is its position in its industry?

bottom 42% of 33 in its family; net margin -305.7%.

weight 33% of this tense · 42nd percentile among 33 sector filers · read for its customers

From the record

XTI Aerospace, Inc.'s standing among 33 graded names in its industry family: revenue of $22 million in fiscal 2025 ranks in the bottom 40% by size; a net margin of -305.7% ranks in the bottom 23%; revenue growth of 8.9% a year over the last 3 filed years ranks in the top 35% (its annual reports).

What it rests on

  • revenue against the family$22.5Mbottom 40% of its family
  • net margin-305.7%bottom 23% of its family
  • three-year revenue growth8.9%top 35% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

as filed
1.0/10

What are the people in charge doing?

bottom 10% of 11 in its family for leadership; chief executive since 2026.

weight 22% of this tense · 10th percentile among 11 sector filers · read for its shareholders

From the record

XTI Aerospace, Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Schneiderman, Jeremy (Chief Executive Officer, as filed), filing under that title since 2026-08-28, 3 months (bottom 12% of its family); most of the 12 officers and directors filing now have filed since the record of its people begins (2024-03-12), a floor of 2.3 years the record cannot see past, so that part is not read; 18 officer or director changes were reported on Form 8-K since 2023-11-13, against the 12 people in charge now (bottom 8%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

What it rests on

  • officer and director changes on Form 8-K, against the people in charge18 in three years among 12 peoplebottom 8% of its family
  • the chief executive's years on the record2 monthsbottom 12% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

▶ Future

What are they set up to do next?

6.7/1040% of the headline grade · 3 of 3 filed

Room to expand

as filed
4.7/10

How much room does it have to grow?

bottom 47% of 32 in its family for room to expand.

weight 22% of this tense · 47th percentile among 32 sector filers · read for itself

From the record

XTI Aerospace, Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $17 million against debt of $450 thousand leaves 20% of its assets as net cash, top 29% of its family; cash from operations less capital spending is -163.7% of revenue (bottom 23%); a gross margin of 21.9% (bottom 19%); research spending of 23.3% of revenue (top 27%) (its annual report).

What it rests on

  • cash less debt against assets20.0%top 29% of its family
  • cash from operations less capital spending against revenue-163.7%bottom 23% of its family
  • gross margin21.9%bottom 19% of its family
  • research spending against revenue23.3%top 27% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
7.3/10

What could actually drive growth from here?

top 27% of 33 in its family for growth drivers.

weight 45% of this tense · 73rd percentile among 33 sector filers · read for its customers

From the record

XTI Aerospace, Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew 8.9% a year over the last three filed years against -10.3% over all 10, speeding up (top 8% of its family); the newest year grew 603.3% (top 5%); research spending grew 5.3% a year (top 47%); capital spending grew -4.3% a year (top 50%) (its annual reports). XTI Aerospace, Inc. tags no split of its revenue by line in the annual report on file, so growth by line cannot be read here; research and capital spending are on the trend.

What it rests on

  • three-year growth against the whole span+19.2 points a yeartop 8% of its family
  • the newest year's revenue growth603.3%top 5% of its family
  • three-year growth of research spending5.3%top 47% of its family
  • three-year growth of capital spending-4.3%top 50% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
7.4/10

Did its newest year beat what its own record pointed to?

top 26% of 29 in its family for expectations against reality.

weight 33% of this tense · 74th percentile among 29 sector filers · read for its shareholders

From the record

XTI Aerospace, Inc.'s newest year against its own record: revenue of $22 million in fiscal 2025 came in 1100.5% above the $2 million its prior three years' pace pointed to (top 5% of its family); net income of $69 million against a prior three-year average of $56 million (bottom 36%); a net margin of a loss larger than its revenue against losses larger than its revenue before (top 9%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace1100.5%top 5% of its family
  • net income against the prior three years' average-23%bottom 36% of its family
  • net margin against its prior averageup more than 100 pointstop 9% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton XTIA · research, not advice